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Economist Chetan Ahya expects two RBI rate cuts ahead
Manufacturing - Jun 04,2025
Morgan Stanley’s Chief Asia Economist, Chetan Ahya, said RBI may cut interest rates twice but not aggressively, as India’s growth remains reasonable. Adjusted GDP growth is 6.8%. Despite global sl .

Vietnam's Vingroup in talks with Andhra, Telangana to widen presence in India
Manufacturing - Jun 02,2025
Vietnam’s Vingroup, via its EV arm VinFast, is expanding into India with a $2 billion plant in Thoothukudi, Tamil Nadu, citing strong logistics. The company plans to launch VF7 and VF6 models before .

Three tech majors to establish units with investment of Rs 4,000 crore in Uttar Pradesh
Manufacturing - Jun 02,2025
YEIDA has issued Letters of Intent to Amber, Ascent, and Toshi Automatic Systems for manufacturing units in Uttar Pradesh, with a total investment of Rs 4,000 crore. Amber and Ascent will set up proje .

Remsons inaugurates manufacturing facility for locomotive components in Pune
Manufacturing - May 28,2025
Remsons Industries inaugurated a 30,000 sq. ft. advanced manufacturing facility in Chakan, Pune, focused on locomotive applications. The plant supports freight and passenger rail segments with precisi .

Havells India to expand manufacturing capacity at Alwar facility
Manufacturing - May 27,2025
Havells India plans to expand its Alwar cable manufacturing facility with a Rs 340 crore investment, adding 0.25 lakh km to its capacity, raising total production to 41.45 lakh km annually. This follo .

Honda to invest Rs 920 crore in new production line at Vithalapur, Gujarat
Manufacturing - May 23,2025
Honda Motorcycle is investing ₹920 crore to build a fourth production line at its Vithalapur, Gujarat plant, focused on 125cc motorcycles. Scheduled for commissioning in 2027, the new line will add .

Patel Engineering receives LoA for Rs 958.33 crore irrigation-based contract
Manufacturing - May 23,2025
Patel Engineering (PEL) received a LoA from MKVDC for a ₹958.33 crore irrigation project in Satara, Maharashtra. The work involves pipeline network construction, structural works, and a five-year O& .

Himadri Invests $4.43 million in IBC for Battery Materials Growth
Manufacturing - May 23,2025
Himadri Speciality Chemical invested USD 4.43 million for a 16.24% stake in International Battery Company (IBC), gaining a board seat. IBC operates a 50 MWh lithium-ion battery facility in South Korea .